Do your pay statements measure up?

The beginning of a new year is a good time to review employee pay statements to make sure they comply with labour standards rules

By Sheila Brawn

01/03/2017|Canadian Payroll Reporter|Last Updated: 01/03/2017

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For many employees, payday is the most important day in their work schedule. It puts money in their hands or bank accounts and, for some, makes the daily grind of work worthwhile.

While the focus of payday is often on the money, the pay statement that accompanies it is a vital part of the payroll process.

Whether it is called a pay slip, a wage/pay statement, a pay sheet, or something else, the document is an important part of the employer-employee relationship. It is a key communications tool that allows employers to let employees know not only that they were paid, but the details of the pay.